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Jun 30, 2024

Post Q3 2024 Earnings Report

Post Holdings reported an increase in net sales and raised its fiscal year 2024 Adjusted EBITDA outlook.

Key Takeaways

Post Holdings reported a 4.7% increase in net sales to $1.9 billion for the third quarter of fiscal year 2024. Operating profit increased by 28.4% to $203.2 million, and net earnings rose by 11.4% to $99.8 million. The company raised its fiscal year 2024 Adjusted EBITDA outlook to $1,370-$1,390 million.

Net sales increased by 4.7% to $1.9 billion.

Operating profit increased by 28.4% to $203.2 million.

Net earnings increased by 11.4% to $99.8 million.

Fiscal year 2024 Adjusted EBITDA outlook raised to $1,370-$1,390 million.

Total Revenue
$1.95B
Previous year: $1.86B
+4.8%
EPS
$1.54
Previous year: $1.52
+1.3%
Adjusted EBITDA
$350M
Gross Profit
$577M
Previous year: $502M
+15.1%
Cash and Equivalents
$334M
Previous year: $209M
+59.9%
Free Cash Flow
$162M
Total Assets
$12.1B
Previous year: $11.9B
+2.0%

Post

Post

Post Revenue by Segment

Forward Guidance

Post management has raised its guidance range for Adjusted EBITDA to $1,370-$1,390 million and expects fiscal year 2024 capital expenditures to range between $420-$445 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income